Indonesia's November forex reserves little changed

JAKARTA: Indonesia's foreign exchange reserves stood at $96.96 billion at end-November, marginally lower than $97 billion the previous month, Bank Indonesia said on Friday.

The central bank last week said that it would not hesitate to intervene in foreign exchange and debt markets to help prop up the ailing rupiah, which has fallen nearly 20 percent against the dollar so far this year.

Governor Agus Martowardojo earlier urged exporters to sell dollars to help balance supply and demand in the market. He said Bank Indonesia will continue intervention when necessary to maintain stability.